MRPL Q1FY25 results, PAT stood at Rs 66 cr

The Board of Directors of Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary company of ONGC and Schedule "A" Mini Ratna Category I Company during its 264th Meeting held on July 22, 2024, approved the financial results for the first quarter (Q1 FY 2024-25) ended June 30, 2024.

Major highlights for the first quarter (Q1 FY 2024-25) has been shared by the company.

The Oil PSU states that the highest ever crude processed in any month was recorded in May 2024 i.e. 1,593.2 TMT (The previous highest was 1,557.3 TMT in Jan-2016 and the highest ever ATF dispatch was recorded in May 2024 i.e. 230.416 TMT (Previous highest was 227.515 TMT in Feb-24).

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 VARANDEY crude from Russia was processed for the first time in June 2024. EOCENE crude from Saudi - Kuwait Neutral Zone, was processed for the first time in June 2024.  KALININGRAD crude from Russia was processed for the first time in April 2024.

As per the release, June month crude processed - ever highest 1,474.34 TMT (The previous highest was 1,463.3 TMT in Jun-2015).

As per the Financial highlights for the first quarter FY25, the recorded revenue from operations is Rs  27,289 Crore while the  Profit Before Tax is Rs 101 Crore for Q1FY25.

 Profit After Tax is at Rs 66 Crore. Meanwhile, the Revenue from Operations stood at Rs 27,289 crore. EBITDA is at Rs 650 crore as against Rs 2120 crore of the corresponding previous year.

 

 

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